JP Morgan Assumes Centuri Holdings at Underweight, Lowers Price Target of $16
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Drew Chamberlain has assumed an Underweight rating for Centuri Holdings (NYSE:CTRI) and lowered the price target to $16.
October 07, 2024 | 1:37 pm
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NEGATIVE IMPACT
JP Morgan has downgraded Centuri Holdings to an Underweight rating and reduced its price target to $16, indicating a bearish outlook.
The downgrade to Underweight and the reduction in price target by JP Morgan suggests a negative outlook for Centuri Holdings, likely leading to a short-term decrease in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100